Use: Permanently enchant a mount to increase its mounted speed by 10%. You may only enchant mounts in your own inventory, and enchanting your mount will cause it to become soulbound. Single use.

"Property of the Top Orc"

Sell Price: 1 75

The riding crop "enchant" concept appears to have been scrapped by the developers. Many believe this decision was reached due to a majority of players collecting mounts and not wanting to enchant each mount separately.